DLS 0.00% 69.0¢ drillsearch energy limited

US shale oil hitting the skids, page-36

  1. 8,420 Posts.
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    Barney, not that I'm an expert in corporate M&A activity (never had many stocks exposed to M&A situations) but from the little I've seen, its usually not the obvious target that gets taken over (which in this case would be BPT - high profile?), it is more the left field one, and DLS could fit that bill.

    Good to see less selling pressure today - but a long way yet from a confirmation we have found bottom (imo).

    Cheers, Sharks.
 
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